The traditional law firm partnership model is under strain as firms seek new sources of capital, with litigation funder Burford Capital recently indicating it is pursuing equity investments through managed services organizations (MSOs) that skirt nonlawyer ownership prohibitions. What's more, these new entities may find opportunities to enter the stock market over time, according to Burford's chief development officer, Travis Lenkner.
Lenkner emphasized that it is law firm...
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